Gradient Capital Partners | Hedge Fund NotesGradient Capital Partners is a U.K.-based hedge fund manager Below please find the Hedge Fund Tracker Tool for Gradient Capital Partners.
Story #1: Gradient Capital Partners Suffers 88% Decline
U.K. hedge-fund manager Gradient Capital, which paid its two principals £100 million each over the course of 2006 and 2007, suffered an 88% fall in its last fiscal year.
The accounts of Gradient Capital Partners LLP, released Tuesday, showed that its fee income fell to £15 million ($20.9 million) from £112 million in the year ended July 31.After taking into account administrative expenses and interest income, the profit for distribution to members fell from £109 million to £13 million. The profits are shared wholly and equally by Gradient's... Source
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